The Finance Ministry announced on Thursday measures to cut down on bureaucracy, facilitate taxpayers, use modern technology in collaboration with the Independent Authority for Public Revenue (AADE), and enhance transparency, ANA reports.
Furthermore, it presented the changes to the Golden Visa program, which on the one hand gives priority to the housing needs of households and on the other hand allows investments to continue with new, more balanced terms.
More specifically, in Attica, Thessaloniki, Mykonos, Santorini, and the islands with a population of more than 3,100 inhabitants, the threshold increases to 800,000 euros while in other areas the threshold is 400,000 euros and above. Moreover, investors must purchase a property of at least 120 sq.m. For buildings that have industrial use and are converted into houses, the required amount is 250,000 euros while the required amount for investment in a historic building stands at 250,000 euros.
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